Albany, NY - May 20, 2014 - (RealEstateRama) -- overnor Andrew M. Cuomo today announced 80 awards across the state to repair, rehabilitate and preserve housing for low- and moderate-income residents of New York State. These competitive awards, administered by New York State Homes and Community Renewal (HCR), are being made to municipalities, localities, and not-for-profit organizations to support critical priorities and highlighting the greatest needs within the state's economic development regions.

New York, NY - May 13, 2014 - (RealEstateRama) -- The Affordable Housing Tax Credit Coalition (AHTCC) has selected Arbor House as the 20th Annual Charles Edson Tax Credit Excellence Award winner in the Green Housing category. These awards were presented to the most outstanding Low Income Housing Tax Credit properties in seven categories; this national awards program celebrates and recognizes the best in affordable rental housing development

WASHINGTON, D.C. - May 12, 2014 - (RealEstateRama) -- Washington, D.C. – U.S. Senator Kirsten Gillibrand today announced a $184,010 grant for The Learning Web, a youth development agency in Ithaca. This federal funding is provided by the U.S. Department of Health and Human Services’ (HHS) Administration for Children & Families’ Transitional Living Program through the Family and Youth Service Bureau and will be used to expand housing and support services to accommodate more homeless youth. In February, Senator Gillibrand sent a letter to HHS Secretary Kathleen Sebelius, urging for swift approval of this funding request.

WASHINGTON, D.C. - May 8, 2014 - (RealEstateRama) -- I am very pleased to be here this morning to discuss the extraordinary Brooklyn planning and development story with all of you – and to take both a look back and a look forward.

Albany, NY - May 8, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced the official commencement of construction on a $1.5 billion public-private partnership (PPP) to replace the Goethals Bridge with a new state-of-the-art cable-stayed bridge. The replacement bridge will connect Staten Island with Elizabeth, New Jersey and serve as a key thoroughfare for the transport of billions of dollars of goods and millions of travelers throughout the region.

Washington, D.C. - May 8, 2014 - (RealEstateRama) -- Congressman Eliot Engel, a senior member of the House Energy and Commerce Committee, issued the following statement after he and other members of the New York Congressional delegation met with New York City Mayor Bill de Blasio.

Albany, NY - April 22, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced the completion of The Barn and Academy Lofts at the Barn, a restoration project designed to increase affordable housing opportunities and serve as an innovative business incubator in Albany’s Arbor Hill neighborhood. This collaborative project has transformed the long vacant St. Joseph’s Academy into affordable apartments and a multi-purpose site for the arts community that is expected to generate nearly $10 million in local economic activity and leveraged support from State and local partners, including the Capital Region Economic Development Council (CREDC).

Albany, NY - April 22, 2014 - (RealEstateRama) -- The New York State median sales price grew by 5.1 percent in the 2014 first quarter compared to a year ago, continuing its upward trend, according to the housing market report released today by the New York State Association of REALTORS. Sales dropped 1.8 percent compared to the start of 2013.

WASHINGTON, D.C. - April 17, 2014 - (RealEstateRama) -- U.S. Senator Charles E. Schumer today launched his effort to ensure that the federal government does not leave out North Shore Long Island communities, like North Hempstead, in funding Sandy rebuilding and resiliency efforts. The Town of North Hempstead has a number of critical recovery projects in the works, including rebuilding the town dock in Port Washington, repairing a number of critical bulkheads and seawalls, and completing sand removal, that have yet to be funded over 18 months after the storm. Specifically, Schumer called on the Federal Emergency Management Agency (FEMA) and the Dept. of Housing and Urban Development (HUD) to prioritize and expedite consideration of several major projects throughout the Town of North Hempstead that will help protect Nassau County’s North Shore communities in the event of a future storm. Schumer today said that many projects along the South Shore have been the

Albany, NY - April 17, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced over $95 million in awards for shovel-ready projects to build affordable housing across the state. The low-interest loans and tax credits will build and preserve nearly 2,100 units of affordable housing and are expected to leverage more than $435 million in grants, loans and private resources.

WASHINGTON, D.C. - April 14, 2014 - (RealEstateRama) -- County Executive Edward P. Mangano announced today that the Nassau County Industrial Development Agency (IDA) has approved an economic development compact for Avalon Bay Communities to build 191 rental apartments, 10 percent of them affordable workforce housing units, on the site of a now-defunct petroleum storage facility in Great Neck. When completed, this project will generate $56.4 million in economic benefit for the local economy while bringing the number of new housing opportunities created in Nassau under the Mangano administration to over 1,150

Albany, NY - April 10, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today highlighted key points of the 2014-2015 New York State Budget, the fourth consecutive on-time budget that holds spending growth below two percent, in Irondequoit. The Budget provides $1.5 billion in property tax cuts to help New York’s homeowners and encourage local governments to increase efficiencies, transforms schools and increases education spending by a record 5%, and lowers the corporate income tax rate to zero.

WASHINGTON, D.C. - April 9, 2014 - (RealEstateRama) -- U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $1.7 million in federal funds to acquire and demolish flood-damaged structures in the Village of Sidney in Delaware County, and turn them into green space. The federal funds cover 75% of Delaware County’s project to buyout and tear down the properties in this flood-prone location. Because the damaged buildings were located in a flood hazard zone, where there was persistent and severe flooding, demolishing the structures was Delaware County’s preferred plan

Washington, D.C. - April 9, 2014 - (RealEstateRama) -- Congressman Eliot Engel (NY-16) announced that the U.S. Housing and Urban Development (HUD) has awarded over $3 million in grants to non-profits and governmental agencies in his Congressional District, which will provide social services and housing assistance to homeless individuals and families

ALBANY - April 4, 2014 - (RealEstateRama) -- The New York Department of State will hold a public meeting on Tuesday, April 8, 10:30 a.m. at 99 Washington Avenue in Albany, 65 Court Street in Buffalo, and 123 William Street in NYC.  The Department’s Division of Licensing Services issues licenses to persons who conduct appraisals on real estate, and the Board of Real Estate Appraisal assists the Department in adopting rules and regulations relating to this discipline. The meeting is open to the general public

Albany, NY - March 26, 2014 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced support from more than 260 local elected officials for his plan to cut property taxes. The Governor’s proposal to cut property taxes and encourage local governments to reduce costs was detailed by Lieutenant Governor Robert Duffy during an event earlier today at the Chemung County Executive Office in Elmira.

TROY - March 20, 2014 - (RealEstateRama) -- Attorney General Eric T. Schneiderman and Comptroller Thomas P. DiNapoli announced today that William Meissner and Roger Rosenthal, former Troy Housing Authority employees, pled guilty to defrauding the New York State Retirement System (NYSRS). Rosenthal retired from the Troy Housing Authority in 2005 and began collecting a full pension with the NYSRS, then went back to working as a supposed ‘consultant’ with the Authority, collecting more than $200,000 in a three-year period in addition to the pension. When the validity of Rosenthal’s ‘consulting’ arrangement with the Housing Authority was questioned, Rosenthal and Meissner submitted a falsified, backdated contract in an effort to cover the illegal retirement payments. As part of today’s plea agreement, Meissner and Rosenthal have paid New York State Retirement System $63,517.41 in restitution

NEW YORK - March 20, 2014 - (RealEstateRama) -- Congresswoman Carolyn B. Maloney (NY-12), Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises (GSE), today released the following statement on the Johnson-Crapo housing finance reform proposal

NEW YORK - March 12, 2014 - (RealEstateRama) -- The Federal Reserve Bank of New York today released results from its monthly Survey of Consumer Expectations (SCE) which contains insight into Americans’ views on inflation, prices, the labor market and household finance. February results show that consumer inflation expectations rose slightly in February at both the one-year and the three-year ahead horizon. Median earnings growth expectations remained above 2013 levels. The mean perceived chance of finding a job in three months, if one were to lose their current job today, declined slightly to about 46 percent. Household income and spending growth expectations remained essentially unchanged, as did past and future credit access perceptions.

NEW YORK, NY - March 3, 2014 - (RealEstateRama) -- The Board of Directors of Tenants & Neighbors announces the appointment of Katie Goldstein as Executive Director. Katie has been on staff since 2007, most recently as the Director of Organizing. She succeeds Maggie Russell-Ciardi, who completed seven years of service as executive director

WASHINGTON, D.C. - March 3, 2014 - (RealEstateRama) -- With a pending winter storm, Nassau County Executive Edward P. Mangano today announced he has directed officials at the Assessment Review Commission (ARC) and Department of Assessment (DOA) to accept property tax assessment grievance filings until Friday, March 7

Albany, NY - February 21, 2014 - (RealEstateRama) -- The New York State housing market started 2014 on solid footing with closed and pending sales falling minimally from the significant gains posted in January 2013, according to the housing market report released today by the New York State Association of REALTORS. The statewide median sales price continued to grow as it did throughout 2013, posting a 10.1-percent increase compared to last January

ALBANY - February 21, 2014 - (RealEstateRama) -- The New York Department of State will host a public meeting of the STATE FIRE PREVENTION AND BUILDING CODE COUNCIL on Thursday, February 27, 2014 at 10:00 a.m. The meeting will take place using videoconferencing at various locations. The public has the right to attend the meeting at any of the locations.

NEW YORK - February 19, 2014 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the sentencing of Applied Construction Inc., its owner, Mohammad T. Riaz, its manager, Mohammad Arshad, and two foremen, Zbigniew Lakomiec and Socrates “Tony” Carrera, for failing to pay prevailing wages to workers on a public works construction project at a residential building in the Bronx. The project was financed and overseen by the New York City Department of Housing Preservation and Development (HPD).

ASHINGTON, D.C. - February 14, 2014 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced his effort to secure $10.1 million in federal funding for three critical infrastructure projects in the Capital Region that are in desperate need of repair: the Troy Seawall, the Amsterdam Dove Creek Wall, and the Cobleskill Water Supply project. Specifically, Schumer urged the Federal Emergency Management Agency (FEMA) to swiftly approve funding for these three New York State high-priority Hazard Mitigation Grant Program applications: the City of Troy needs $6.7 million from FEMA to begin the construction of its seawall stabilization project, which can begin in earnest next year if FEMA quickly approves the funds. The City of Amsterdam is seeking $1.1 million in federal funding for repair of the Dove Creek Wall, and the Town of Cobleskill is seeking $2.3 million for repairs to its water supply syst